The Daily Dollar

Defend Your Dollars is the website of the Consumers Union Financial Services Campaign, where we support reforms to the financial marketplace to curb bad practices by banks and lenders.

Are you really getting a "Free" credit report?
Posted by Michelle at 07/19/07 05:20 PM

I'm sure you have seen those "get your 'free' credit report and credit score" ads on TV and all over the net. Another Consumers Union project, Consumer WebWatch funded a study by Robert Mayer, Professor of consumer studies at the University of Utah on these various "free" credit report and credit score offers. Read more »

Overdrawn?
Posted by Michelle at 07/06/07 05:23 PM

If overdraft fees enrage you, you’re not alone. Karney Hatch has written and directed "Overdrawn! The Documentary," a “feature-length documentary film exploring the predatory lending practices of the major national banks.” The movie will be premiering at the Clinton Street Theatre in Portland on August 2 and expects to open in more theatres. Read more »

Who should decide if you get notice of a security breach?
Posted by Michelle at 07/05/07 05:46 PM

The federal Government Accountability Office issued a report today entitled: Personal Information Data Breaches are Frequent, but Evidence of Resulting Identity Theft is Limited; However, the Full Extent Is Unknown. It has some troubling language suggesting a limitation on notice of security breaches based on some kind of a risk standard, such as whether misuse is reasonably possible.—which means you won’t always be told when your information has been lost or stolen. Read more »